Power Exchange India Ltd (PXIL) will be launching ESCerts Trading under the Perform, Achieve and Trade (PAT) Scheme – Cycle II, effective October 26, 2021.
Tata Power and the Indian Institute of Technology (IIT) Delhi have signed a memorandum of understanding to collaborate in areas like smart grid technology, clean energy solutions, a release from Tata Power said.
The process of privatization of power distribution in the Union Territory of Chandigarh has moved forward with the UT administration providing detailed replies to queries raised by the Ministry of Home Affairs, according to a reliable media report.
Jaipur-headquartered RMC Switchgears, in a stock exchange filing, said that it has developed an IoT device that can help power distribution utilities in reducing power theft.
The frequency profile of the all-India grid showed some improvement in frequency profile in August 2021, according to latest statistics released by Power System Operation Corporation Ltd (POSOCO).
In its endeavour to accelerate the ‘New World of energy’, Schneider Electric has stressed on the need to reinvent electrical transmission and distribution ecosystem by leveraging digitisation.
India added 6,586 ckm of transmission lines during the first half (April to September) of FY22. This fell substantially short of the planned target for the period.
Sterlite Power, in a release, said that it has been awarded the Bongaigaon inter-state power transmission project under the tariff-based competitive bidding (TBCB) mechanism.
Central Electricity Regulatory Commission (CERC), it is reliably learnt, has given its in-principle approval to Indian Energy Exchange (IEX) for introducing a new trading instrument “Green Daily Ahead Contract” (GDAC) on the exchange.